OREANDA-NEWS. February 27, 2012. The US indices closed mixed on Friday. S&P 500 Index added 0.17% while Russell was down by 0.28% with Financials (-0.44%) as laggards and Technology (+0.56%) as the leaders. Put/call ratio went up to 1.63 and 90-110% skew was unchanged at 10.68.

The University of Michigan Consumer Confidence Index inched up to 75.3 vs consensus forecast of 73.

Of 441 S&P 500 Index constituents the EPS of 299 and revenues of 322 companies beat expectations so far. In Europe 93 DJ Stoxx 600 companies topped expectations while 107 missed estimates.

Asian indices were mixed on Monday. Chinese indices rose on average by 1-1.1%.

Hang Seng added 0.36%, Kospi – went down by 1.42%, Japanese Nikkei lost 0.14%. S&P/ASX 200 was down by 0.92%.

M3 data for Europe, Pending home sales, Dallas Fed Manufacturing Index for the US will be in focus.

Earnings season will go on in the US with 5 S&P 500 companies and 9 DJ Stoxx 600 companies to report.